印度的薪資架構 (CTC, HRA, PF in India's payroll)

2008/06/03 10:23

熟悉的中文版 (fm 印度投資說明)
印度勞工法令相當完備，政府對勞工相當保護，如禁止女性員工上大夜班的規定至2005年年初始開放，一般勞工擁有以下權利：
（一）最低工資：依各州及行業而不同(www.labourbureau,nic.in)。
（二）勞工退休基金(Provident Fund)：員工2個月試用期滿後實施，一般顧主負擔額約為員工薪資的10-12%。
（三）職工保險計畫(Employees State Insurance Scheme, ESIS)：雇主負擔額依員工薪資水準而不同，平均為5%。
（四）紅利(Bonus)：勞工法規定最低紅利為員工薪資的8.33%(即一個月所得)，最高為20%，惟公司設立前5年發生虧損時可不發紅利
（五）賞金(Gratuity)：工作每滿1年以上可獲最低相當於15天薪資，最高相當於20個月薪資的賞金。
（六）工作時間：一般為每日8小時，每週最高48小時；加班付雙薪，每季加班不得超過50小時。亦有些地區每天9小時，每週最高48小時；加班付雙薪，每季加班不得超過75小時。
（七）休假：一般週休1天，員工在工作滿240天後，每20天可有1天支薪之年休(annual leave)。國定假日與休假均支薪。

source 1: CTC structure in http://www.citehr.com/29594-ctc-structure.htmlCTC stands for cost to the company i.e the total expenditure of the company towards a particular employee. It includes each and every cost in terms of money and materials, some of the components are-Gross SalaryBonusPF Contribution from employer sideESI or Medical contribution from Employer sideCell Phone AllowanceHard furnishing goodsFood couponsThe contents of the salary break up is as below, you can prepare it at thesuitability of your own.HRA would be50 or 60% of basic.BasicHRATAOther AllowanceMobile Reimbursement / MonthGross Per Month = Sum of all the above.Gross Per Annum= 12*Gross/MonthPF Contribution= 12% of Basic/AnnumESI Contribution = 4.75% of Gross/AnnumMedical = The mediclaim facility provided to an employee who are not covered under ESI as the maximum ceiling for ESI is 10000/Month.Getting more than this will be covered under Mediclaim or it depends oncompany policyAnnual Fixed Gross Cost= Gross/Annum+PF+ESI+MedEX-Gratia/Bonus = A fixed amount as BonusAnnual Total Cost = AFGC + EX Gratia/BonusAnnual total cost is also called as CTC.

source 2: income from salary in http://mytaxes.in/index.php?topic=17.0
A. Allowances
An allowance is a fixed money or substance or compensation given regularly in addition to salary to meet some service requirements. An allowance can be fully taxable, partly taxable or not taxable. The taxable allowances include city compensatory allowance, tiffin allowance, fixed medical allowance and servant allowances. The encashment of any concession is also taxable.

1. House Rent Allowance [Section 10(13A) and rule 2A]
Out of house rent allowance received during the year, the least of the following three amounts is exempt from the income:
• The amount equal to 50% of annual salary, for persons staying in Mumbai, Chennai, Calcutta or Delhi, but 40%, for others,
• the actual amount of house rent allowance received, and
• the amount of rent actually paid in excess of 10% of annual salary Exemption is not available where an employee lives in his own house, or in a house for which he does not pay any rent.

2. Transport/Conveyance allowance [Section 10(14) and rule 2BB]
Transport allowance for traveling from residence to office is exempt up to Rs 800 per month.

3. Academic or Research AllowanceAllowance granted for encouraging the academic, research and other professional pursuits is not taxable to the extent the allowance is utilised for the purpose specified.

4. Children Education Allowance The allowance is not taxable to the extent
• Rs. 100 per month per child up to a maximum of two children,
• Any allowance granted to an employee to meet the hostel expenditure on his child at Rs. 300 per per child up to a maximum of two children

5. Leave Travel Concession [sec 10(5)]
The amount payed by the employer for the employee and his family for travel to any place in India or for travelling to any place in India after retirement is exempt. If the journey is by rail, the amount of air-conditioned first class rail fare by the shortest route or the amount spent, whichever is less, is not taxable. If the travel is by air, then the exomony class fare is not taxable.

6. Medical Reimbursement/allowance. Reimbursement by employer of amounts spent by the empoyee in obtaining medical treatrment for himself or any memeber of family from any doctor, not exceeding Rs.15,000 in a year.

B. Perquisites
The following perquisites are not taxable either under the executive instructions of the Central Board of Direct Taxes or by virtue of specific provision in the Act/Rules:

1. Rent-Free House
• Rent-free official residence provided to a judge of a High Court or of the Supreme Court.
• Rent-free furnished residence (including maintenance thereof) provided to an official of Parliament, a Union Minister or a Leader of Opposition in Parliament
• Accommodation provided in a 'remote area' to an employee working at a mining site or an onshore oil exploration site, or a project execution site or an accommodation provided in an offshore site of similar nature.
• Accommodation provided on transfer of an employee in a hotel for not exceeding 15 days in aggregate.

2. Car
• Re-imbursement of expenses in respect of car (which is owned by employee and used for personal and official purpose) (amount not taxable is up to Rs. 1,200 per month for car having engine capacity of not more than 1600cc, Rs. 1,600 per month for car of above 1600cc and Rs. 600 per month for driver).
• Conveyance facility provided to High Court Judges and Supreme Court Judges.
• Conveyance facility provided to an employee to cover the journey between office and residence.

3. Interest-Free Loan Interest-free / concessional loan of an amount not exceeding Rs.20,000

4. Others• Gift-in-kind up to Rs.5,000 in a year. • Employer's contribution to staff group insurance scheme.

C. Leave Encashment
Leave encashment while in service is taxable. Encashment of sick leave is taxable.
Leave encashment received at the time of retirement is fully exempt in the case of Government Servants. In the case of non-Govt. Employees, leave encashment is exempt to the extent of the least of the following four amount
• Rs. 3,00,000/-
• Ten months' average salary; (Here the average salary means the average of the salary drawn during the last ten months before retirement),
• Cash equivalent of the leave due at the time of retirement;
• Leave encashment actually received at the time of retirement.

D. Gratuity (離職金)Any death cum retirement gratuity received by Government or Local Authority employees is exempt from tax. For Non-Government Employees the taxability depends on whether Gratuity is covered under the Gratuity Act

1. Gratuity covered under the Gratuity Act
For Gratuity covered under the Gratuity Act, total of gratuity received by an employee, covered by the Gratuity Act, from various employers in whole of service is exempt from tax to the extent of least of the following three amounts:
• 15 days' salary, based on the last drawn salary, for each completed year of service
• Rs. 3,50,000/-; or
• The gratuity actually received.

2. Gratuity not covered under the Gratuity Act
For Gratuity not covered under the Gratuity Act any gratuity not covered by the Gratuity Act, is exempt from tax to the extent of least of the three amounts
• The half month's salary for each completed year of service; or
• Rs.3,50,000/-; or
• The gratuity actually received.

E. VRS CompensationCompensation received at the time of voluntary retirement is exempt up to Rs 5 lakhs under certain conditions.

F. Deductions from Salary income• Professional Tax which is paid, is allowed as deduction. (The professional tax paid by a person carrying on a business or trade, can be allowed to him as a deduction under section 37(1) of the Income-tax Act, 1961),
• If salary is received in arrears or in advance, it can be spread over the years to which it relates and be taxed accordingly as per section 89(1) of the Income tax Act.

source 3: decode your payslip at http://uliponline.blogspot.com/2008/05/decode-your-payslip.html
salary sample - title = Biz develop mgr
Your yearly salary plus.... ( http://www.paycheck.in/main/paycheck-in-it)

Basic Salary
989120
BASIC SALARY + DEARNESS ALLOWANCE
989120
Childrens' Education Allowance
2400
Conveyance Allowance
9600
Special Allowance
346192
House Rental Allowance
395648
Any Other Monthly Allowances
217606.4
TOTAL MONTHLY ALLOWANCES
970246.4
Leave Travel Allowance
82426.67
Medical Reimbursement
82426.67
TOTAL ANNUAL ALLOWANCES
164853.33
Fixed Bonus
82500
Performance Bonus - Actual
296736
TOTAL BONUSES
320332.72
TOTAL HOUSING BENEFIT
62500
TOTAL CAR BENEFIT
316518.4
Telephone
36000
Medical Check Up - Amount
6000
Accident Insurance - Premium
9891.2
Life Insurance - Premium
4945.6
TOTAL HEALTHCARE BENEFITS
16016.64
TOTAL BENEFITS
48000
Provident Fund
118694.4
Gratuity
47576.67
Superannuation
139172.25
TOTAL OF RETIREMENTS BENEFITS
187952.61
TOTAL REMUNERATION
2978359.94
TOTAL REMUNERATION - VARIABLE PAY
2686451.69